getquin Daily Summary 15.09.2022
Hello getquin,
Today we start with a question that fits perfectly to Thursday! Where have you had your best kebab so far? Feel free to write in the comments. You can read my kebab secret tip tomorrow. But now back to the stock market news of the day!
Europe🌍:
1. Shell CEO Ben van Beurden resigns
The oil giant announced Thursday that CEO Ben van Beurden will step down after nearly a decade at the helm. Taking over will be Wael Sawan, currently director of integrated gas, renewables and energy solutions. The change will take place on January 1, 2023. Will this be the starting signal for a change in the Group and a focus on more sustainability?
Read more: https://cnb.cx/3BgEwXf
🟥 $SHEL (+0.64%) 26,65€ (🔽 -1,33%)
2. Siemens starts up production facilities for green hydrogen
The plant in Wunsiedel, Upper Franconia, will initially produce up to 1350 metric tons of hydrogen per year using solar and wind power. When the electricity used in the process comes from a renewable source such as wind or solar power, some refer to it as "green" or "renewable" hydrogen.
Read more: https://cnb.cx/3DslYpD
🟥 $ENR (+2.43%) 13,30€ (🔽 -1,99%)
America🌏:
3rd Adobe makes offer to buy Figma
US software maker Adobe has announced its acquisition of Figma. Figma is a collaborative web design platform and was previously seen as more of a competitor to Adobe. The purchase price is approximately $20 billion and a portion will be settled in stock. Figma's shareholders still have to approve the deal and the antitrust authorities in the USA also have to agree.
Read more: https://bit.ly/3dhSNLq
🟥 $ADBE (+2.24%) 323,50€ (🔽 -13,13%)
Special: Founder of Patagonia donates his entire company
The company's nearly $3 billion worth of non-voting stock is held by a trust that will use any profits not reinvested in the company to fight climate change. The company expects to contribute about $100 million a year, depending on the health of the business.
Read more: https://cnb.cx/3BmCKDU
Stocks of the day:
🟩 TOP $STOR 22,92€ (🔼 +20,96%)
👍 Store Capital is being bought out and is to be delisted.
🟥 FLOP $ADBE (+2.24%) 323,50€ (🔽 -13,13%)
👎 The acquisition of Figma is apparently not well received.
🟩 Most searched $TSLA (+4.29%) , 305,38€ (🔼 +0,61%)
🟥 Most traded $UN01 , 3,92€ (🔽 -2,39%)
🟥 S&P500, 3,930.84 (🔽 -0.38%)
🟩 DAX, 13,032.74 (🔼 +0.04%)
🟥 bitcoin ₿, 19,992.06€ (🔽 -1.34%)
Time: 17:00 CEST
Interesting Fact:
The name Patagonia
came to founder Yvon Chouinard after a trip through the Patagonia region of South America.
